R1 RCM Says Discussions Have Not Resulted In Any Agreement To Date, And New Mountain Capital Is No Longer Interested In Pursuing A Joint Proposal With TCP-ASC With Respect To A Potential Transaction With The Company
Portfolio Pulse from Benzinga Newsdesk
R1 RCM announced that discussions regarding a potential transaction have not resulted in any agreement, and New Mountain Capital is no longer interested in pursuing a joint proposal with TCP-ASC for a potential transaction with the company.
July 02, 2024 | 11:06 am
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R1 RCM's discussions for a potential transaction have not resulted in any agreement, and New Mountain Capital has withdrawn its interest in a joint proposal with TCP-ASC.
The news indicates that R1 RCM's potential transaction talks have not led to any agreement, and a key party, New Mountain Capital, has withdrawn its interest. This could negatively impact investor sentiment and the stock price in the short term.
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